Analysts have been eager to weigh in on the Energy sector with new ratings on Targa Resources (TRGP – Research Report) and APA (APA – Research Report).
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Targa Resources (TRGP)
In a report released today, Theresa Chen from Barclays maintained a Buy rating on Targa Resources, with a price target of $191.00. The company’s shares closed last Friday at $162.30.
According to TipRanks.com, Chen is a 5-star analyst with an average return of
Targa Resources has an analyst consensus of Strong Buy, with a price target consensus of $203.53, a 24.7% upside from current levels. In a report issued on September 23, UBS also maintained a Buy rating on the stock with a $228.00 price target.
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APA (APA)
In a report released today, Betty Jiang from Barclays maintained a Hold rating on APA, with a price target of $22.00. The company’s shares closed last Friday at $24.54.
According to TipRanks.com, Jiang is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for APA with a $23.25 average price target.
Read More on TRGP:
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- Targa Resources: Strategic Growth Amid Permian Challenges and ExxonMobil Partnership
- Targa Resources announces Permian Basin growth projects
- Targa Resources: A Buy Rating Backed by Growth Potential, Valuation Discount, and Robust Asset Portfolio
- Targa Resources initiated with an Outperform at BMO Capital
- Targa Resources price target lowered to $200 from $220 at BofA
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